US GDP GROWTH ACCELERATES IN Q2
The US economy is gaining momentum in the second quarter with an estimated 2.3% growth, supported by consumption and construction investment.
The US economy is gaining momentum in the second quarter with an estimated 2.3% growth, supported by consumption and construction investment.
LONDON | World trade volumes –for both goods and services– have risen by less than global GDP over the past four years. This is an unprecedented outcome in post WW2 history, UBS analysts point out.
LONDON | Barclays | The US dollar strengthened after the FOMC left the door open for a September move, although it did not provide any strong signal for the timing of the first hike.
July 24, 2015 | UBS | Sector performance since crude began to slide again has, unsurprisingly, been poor: EU integrateds are down 11% since the May peak, underperforming the wider market by 11%, and the US peers down 10%.
July 22, 2015 | By Benjamin Cole via Marcus Nunes‘ Historinhas | Singapore is every economist’s favorite nation, for its often free-market or price-sensitive approach to government. And the city-state has boomed for generations, verifying economists are right. But now, reports The Economist in its July 18 issue, Singapore’s productivity is dying on the vine, much like that of the United States, or Europe.
The nuclear deal with Iran, like Nixon’s opening to China in 1972, has the potential to be a geopolitical game-changer—if it can get through Congress first.
BERKELEY | July 18, 2015 | By Barry Eichengreen via Caixin | The Greek crisis and the sharp increase in volatility on Chinese stock markets have been the two principal sources of financial headlines – and worries – in recent days. To be sure, the situations in Athens and Shanghai are quite different, yet they have a common set of implications.
NEW YORK | July 17, 2015 | By Benjamin Cole via Marcus Nunes’ Historinhas | GOP presidential hopeful Jeb Bush has generated some blog-blabbing on his pronouncement that the U.S. GDP could and should grow at 4% real annually.
LONDON | July 17, 2015 | UBS | Property activity corrected visibly in 2014 and H1 2015, with declining property starts and weaker construction dragging down China’s industrial sector and GDP growth.